MENA: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in MENA

After four years of decline, the MENA's market for air conditioning machines for motor vehicles increased by 2.8% to $X in 2022. In general, consumption saw a pronounced increase. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Air Conditioning Machines For Motor Vehicles in MENA

In value terms, motor vehicle air conditioning machine production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production posted a resilient increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 56% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Air Conditioning Machines For Motor Vehicles

Exports in MENA

In 2022, after seven years of growth, there was decline in shipments abroad of air conditioning machines for motor vehicles, when their volume decreased by -1.4% to X units. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 68%. The volume of export peaked at X units in 2021, and then declined slightly in the following year.

In value terms, motor vehicle air conditioning machine exports contracted slightly to $X in 2022. Over the period under review, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 35%. The level of export peaked at $X in 2021, and then dropped slightly in the following year.

Exports by Country

Morocco was the key exporting country with an export of about X units, which reached 75% of total exports. It was distantly followed by Turkey (X units), mixing up a 19% share of total exports. Israel (X units) held a little share of total exports.

Morocco was also the fastest-growing in terms of the air conditioning machines for motor vehicles exports, with a CAGR of +167.9% from 2012 to 2022. At the same time, Turkey (+7.0%) and Israel (+1.0%) displayed positive paces of growth. While the share of Morocco (+75 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (-20.5 p.p.) and Turkey (-47.5 p.p.) displayed negative dynamics.

In value terms, Morocco ($X) remains the largest motor vehicle air conditioning machine supplier in MENA, comprising 59% of total exports. The second position in the ranking was taken by Turkey ($X), with a 29% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Morocco amounted to +149.8%. In the other countries, the average annual rates were as follows: Turkey (+7.4% per year) and Israel (+0.9% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, leveling off at the previous year. In general, the export price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the export price increased by 12%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.4%), while the other leaders experienced a decline in the export price figures.

Imports of Air Conditioning Machines For Motor Vehicles

Imports in MENA

In 2022, the amount of air conditioning machines for motor vehicles imported in MENA soared to X units, rising by 18% on the year before. In general, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 203% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, motor vehicle air conditioning machine imports totaled $X in 2022. The total import value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 32%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Saudi Arabia represented the main importing country with an import of about X units, which accounted for 78% of total imports. Turkey (X units) ranks second in terms of the total imports with a 10% share, followed by the United Arab Emirates (6.7%). Iran (X units) followed a long way behind the leaders.

Saudi Arabia was also the fastest-growing in terms of the air conditioning machines for motor vehicles imports, with a CAGR of +37.9% from 2012 to 2022. At the same time, Turkey (+8.4%) displayed positive paces of growth. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Iran (-2.9%) illustrated a downward trend over the same period. Saudi Arabia (+67 p.p.) significantly strengthened its position in terms of the total imports, while Turkey, Iran and the United Arab Emirates saw its share reduced by -6%, -6.1% and -15.1% from 2012 to 2022, respectively.

In value terms, Saudi Arabia ($X), Turkey ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2022, together comprising 87% of total imports.

Among the main importing countries, Saudi Arabia, with a CAGR of +20.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, dropping by -12.4% against the previous year. Overall, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when the import price increased by 23%. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform